Cubic and Thales Partner to Compete for UK Ministry of Defence Training and Simulations Systems Programme

SAN DIEGO, March 1, 2018 /PRNewswire/ -- Cubic Corporation (NYSE: CUB) today announced that its Cubic Global Defense (CGD) business division will be teaming with Thales in the UK to bid for the Training and Simulation Systems Programme (TSSP) Joint Fires Synthetic Training (JFST) project. JFST looks to improve training capabilities delivered to the British Army by providing an immersive Joint Fires (JF) solution to train JF integrators in both mounted and dismounted roles – across land, littoral and air domains at the individual and collective levels.

The Cubic and Thales consortium will offer combined subject matter expertise, systems understanding and global training experience for the delivery of an innovative and immersive training system for the U.K. Armed Forces. Thales in the UK and Cubic bring a complementary fit of proven capabilities to JFST, including network security; exercise management and after-action review tooling; advanced live, virtual, constructive (LVC) and synthetic environments; and industry-leading training service management and delivery.

"We look forward to joining forces with Thales in the UK to pursue the JFST project," said Dave Buss, president of Cubic Global Defense. "As an industry leader in supporting and executing LVC training worldwide, we understand the need for high impact and cost-effective solutions. We are confident our partnership will offer unmatched live and synthetic Joint Force training for U.K. Armed Forces as they train across all domains."

"We are excited to be partnering with Cubic Global Defense for this opportunity to provide improved training capabilities for the army," said Stephen McCann, vice president of avionics, Thales in the UK. "We have extensive experience in delivering training and simulation and supply land products, which are currently in-service with our armed forces today. This expertise combined with Cubic Global Defense's knowledge and skills will create a winning offer."

About Cubic Corporation

Cubic is a market-leading, technology provider of integrated solutions that increase situational understanding for transportation, defense C4ISR and training customers worldwide to decrease urban congestion and improve the militaries' effectiveness and operational readiness. Cubic Transportation Systems is a leading integrator of payment and information technology and services to create intelligent travel solutions for transportation authorities and operators. Cubic Mission Solutions provides networked Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) capabilities for defense, intelligence, security and commercial missions. Cubic Global Defense is a leading provider of live, virtual, constructive and game-based training solutions, special operations and intelligence for the U.S. and allied forces. For more information about Cubic, please visit the company's website at www.cubic.com or on Twitter @CubicCorp.

About Thales in the UK

The people we all rely on to make the world go round – they rely on Thales. Our customers come to us with big ambitions: to make life better, to keep us safer.

Combining a unique diversity of expertise, talents and cultures, our architects design and deliver extraordinary high technology solutions. Solutions that make tomorrow possible, today.  From the bottom of the oceans to the depth of space and cyberspace, we help our customers think smarter and act faster - mastering ever greater complexity and every decisive moment along the way.

With 64,000 employees in 56 countries, Thales reported sales of €14.9 billion in 2016.

SOURCE Cubic Corporation

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